Pls explain the tax treatment of profits and gains on derivative equity transactions? Is...

Someone Asked on Yahoo Answer-Replied by me on 13/10/2006With Affect from FY 2005-06,the trading in derivative segment through stock exchange has been taken out...

Got hefty Dividend.Mistake you can’t afford to do then.

Suppose , you got some news that a company X may announce hefty dividend. In anticipation , you bought the shares , and fortunately...

Securities Tranaction Tax deducted on my speculative share dealings.Will I get rebate ?

Yes , you will get the rebate u/s 88E of the I T Act if following two conditions are fulfilled :1. Your total income...